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Japan just took out 300% of debt to GDP. There wasn't anything special. It was just debt.
by onlyrealcuzzo 11mo ago
Japan just took out 300% of debt to GDP.
There wasn't anything special.
It was just debt.
- thiago_fm 11mo agoIf you look at US' debt trajectory, it's on its way there -- and it will be quick!
- seanmcdirmid 11mo agoThat had more to do with its population needing to save for retirement and Japan needing to invest those retirement funds in something. Almost all of that debt is domestic.